BEIJING - Chinese Foreign Minister Wang Yi held talks with Bolivian Foreign Minister Celinda Sosa Lunda in Beijing on Sunday, and both sides pledged to advance bilateral cooperation and multilateral coordination.

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Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, noted that China and Bolivia enjoy a traditional friendship featuring mutual understanding and support. The year 2025 marks the 40th anniversary of the establishment of diplomatic relations between China and Bolivia. China is willing to work with the Bolivian side to take this opportunity to implement the important consensus reached by the two heads of state and promote China-Bolivia strategic partnership to a new level.

Sosa noted that China is an important strategic partner for Bolivia, saying Bolivia hopes to upgrade cooperation with China in various fields such as economy and trade. Bolivia welcomes Chinese enterprises to invest and do business in the country

Wang said that both sides should continue to strengthen political mutual trust; enhance exchanges and cooperation between the governments, legislatures and political parties of the two countries; strengthen exchange of governance experience; synergize development strategies; and tap into the potential for cooperation in new areas such as digital economy, plateau agriculture, information and communication, and green development.

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China and Bolivia should enhance coordination on multilateral strategies, jointly safeguard the purposes and principles of the UN Charter, and firmly safeguard the common interests of the Global South, said Wang, adding that China is willing to work together with Bolivia and other Latin American and Caribbean countries to promote the building of a China-Latin America community with a shared future.

Sosa noted that China is an important strategic partner for Bolivia, saying Bolivia hopes to upgrade cooperation with China in various fields such as economy and trade. Bolivia welcomes Chinese enterprises to invest and do business in the country.

Bolivia firmly supports the one-China principle, and the global initiatives proposed by China. Bolivia is willing to promote Latin America-China relations, Sosa said.

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After their talks, the two foreign ministers witnessed the signing of a memorandum of understanding on cooperation between the foreign affairs academies of the two countries.